Buy-and-Hold investors in ~OILANDGASSERVS experienced a maximum drawdown of -40.19% over the last three months. It returned -38.04% during this strong down trending period. There were both Long and Short signals during this period, where the short signals were significantly more profitable than the long signals. The net profit from Short signals was +38.26%.

Trend

Monthly Performance

Alpha (outperformance)

Heatmap

Volatility

Return distribution

~OILANDGASSERVS has been underperforming the SP500 index in recent time, after having outperformed till 17 May, 2018. Over the last 1 year 5 months and 13 days, ~OILANDGASSERVS underperformed the SP500 index on 51% days.

During the last three months ~OILANDGASSERVS was mostly loss making and delivered on average -0.73% per day. It's best return during this period (of +3.52%) was on Tuesday, 30 Oct, 2018. While it's worst loss in the same period (of -6.85%) was on Tuesday, 4 Dec, 2018. There was initially a bullish trend during this period which started on 27 Sep, 2018 and went on till 3 Oct, 2018. The bullish trend returned +2.89% to investors. This was followed by a bearish trend that started on 17 Oct, 2018 and ended on 24 Oct, 2018. This bearish trend lost -17.74% of investor capital.

On monthly basis, ~OILANDGASSERVS delivered profits and losses in equal number of months. ~OILANDGASSERVS delivered profits less regularly than SP500 index. ~OILANDGASSERVS was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -19.21% compared to -7.75% returned by SP500 index in Dec 2018. ~OILANDGASSERVS had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year. It is interesting to note that both ~OILANDGASSERVS and SP500 index significantly outperform during months when quarterly/annual results are announced.

"The real measure of your wealth is how much you'd be worth if you lost all your money

~OILANDGASSERVS is becoming more volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in ~OILANDGASSERVS's volatility from 21 Sep, 2018 to 6 Dec, 2018. While there was a significant surge in the SP500 index's volatility from 19 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that ~OILANDGASSERVS has significant positive skewness in it's return distribution. This indicates that investors can expect ~OILANDGASSERVS to recover from drawdowns quickly. Which makes ~OILANDGASSERVS a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

~OILANDGASSERVS has more chance of extreme outcomes than the SP500 index. Therefore, ~OILANDGASSERVS must receive a lower allocation than SP500 in your portfolio. SP500 index usually has shorter drawdown period than ~OILANDGASSERVS.

On a general note (since you are interested in ~OILANDGASSERVS), two instruments that have delivered similar performance as ~OILANDGASSERVS are E and MFNC. They are suitable as good alternative investment candidates that can diversify your portfolio.

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